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Points hallelujah. S p soared 9. 38 . [ cheers and applause nasdaq pulled 1. 28 it feels like 2008 when the Congress Approved the bank bailout. On the for the stock market to start crashing not long after. Sell, sell, sell. The covid stimulus bill will pass and pass on the second vote heres the problem weve been in the worst bear market i have ever seen. We have been down endlessly. Proprietary s p oscillator i follow keeps registering a minus 20 reading making it the most deeply oversold moment in the history of the oscillator. When you get that level negativity, endless, endless, endless, you get a coyle spring of a market. Usually snap back with a vengeance. Typically based on short sellers ringing the register to close out their business remember if you owned a stock and it kept going up, up, up, you might want to take profits then it goes down, down, down, you might want to take profits if youre betting against it and, loo ....
Too glib maybe not glib enough. The dow did snap that five day winning streak to close down 28 points the s p back slid. 04 nasdaq actually advanced. 05 but while most of the country is spell bound by the prospect of the house impeaching President Trump the effect on the market was minimal, why well in part because we know exactly how the trial in the senate will go more on that, much more on that later. From an Economic Perspective though theres just not a lot at stake here the only outstanding issue that really matters to wall street is the negotiation of the new nafta but thats looking like a done deal in congress because Speaker Nancy Pelosi was willing to compromise mexico is rebelling against the notion of u. S. Labor law monitors in their country, issues of sovereignty. Of course theres the trade war ....
Working, and in the old days when the late great mark cane ruled the mornings around here, i remember each time i cohosted he would introduce me as reverend Jim Bob Cramer of the church of what is happening now. It was fun back then seemed like everyone was running their own personal hedge fund. There was understanding there could be a stock here today and gone tomorrow. Those days are over. If you recommend a stock for trade, if you say buy it today for the Analyst Meeting and sell it tomorrow, there will always be a Youtube Video kicking around that shows you like the stock but never gave it the sell call weve gone well beyond that. Tonight were taking it to the next level where im introducing you to the concept of suitability. Basically what stocks fit you. What investments are right for you. Not for this week, not fo ....
Knows well the chemistry of the dreamliner battery. Boeing chose the most powerful there is but also the most volatile they went to lithium. Which is why here is our danger look so stepped down to secure a plane president just before the fire he started a new company to make lithium ion batteries for business jets. Bugs i was a true believer in the technology. Then he began testing 23. 3 m. Series. Battery that. Went beyond even the latest industry guidelines going so far as to fire bullets into batteries to see if they could be made safe military applications. You know you could run the test that you feel that you need to meet the requirements to be safe but. You also need to have a conscience thats going to tell you i want to do the extreme. In the end testing with a conscience like so couldnt make the batteries meet the requirements is new company failed. We became professional and destroying batteries and am the more we learn about it the worse it got i mean with home i got him to ....
Canes ruled the mornings around here, i remember each time i cohosted he would introduce me as reverend Jim Bob Cramer from the church of what is happening now. It was fun back then seemed like everyone was running their own personal hedge fund. There was an understanding a stock could be here today and gone tomorrow and everyone was fine with it those days, those days are long over if you recommend a stock for trade if you say buy it today for the Analyst Meeting and sell it tomorrow, there were always be Youtube Video kicking around that shows you like the stock but never gave the sell call so weve gone well beyond that. Tonight were taking it to the next level where i introduce you to the concept of suitability. Basically, what stocks fit you and what investments are right for you and your age and temperament. I heard ....